World news

Sugar producers and wholesalers in Russia’s Primorye region are struggling with a sugar surplus which has brought prices down by 20% during the first half of 2017, from RUB 42,1/kg (USD 0,73/kg) to RUB 33,9/kg (USD 0,59/kg). «Zolotoy Rog» reports. Wholesalers fear that prices may fall further on better harvest this year as more area has come under sugar beet and yields have improved, and an expert suggested...

In this agricultural year Russia can increase sugar exports to 0,5 mln t, predicts General Director of «RusAgro», Maksym Basov. It is reported by the press-service of IKAR. «The volume of supplies will depend on winter conditions, but Russia will export 0,5 mln t», — said Maksym Basov. Sugar w...

The Fiji Sugar Corporation (FSC) has received several enquiries from Japan, Taiwan, Korea, China and Dubai who are all attracted to sugar quality. FBC reports. Chief Executive, Gharam Clark, says these countries also have the ability to benefit from lower freight rates due to Fiji being closer than some other sugar suppliers. He says ...

The tax on sugary drinks was proposed two years ago in an attempt to halt diseases linked to obesity, which are fuelled by sugary drinks. The proposed tax on sugary drinks is likely to be introduced in April 2018, although there is still disagreement on the exact level of tax. Health24 reports. Initially, Treasury proposed a 20% tax but this year it offered a compromise –  exempting the first 4 g of sugar per 100 ml from the tax – to encourage industry t...

India will soon permit import of 300,000 tonnes of raw sugar at a concessional rate of 25 per cent import duty against normal 40 per cent duty. Import is most likely to be permitted to sugar-starved mills in the southern states, where prices are Rs 2-2.50 higher than in Maharashtra. Business-Standard reports. South Indian mills will get the permission to import 3 lakh tonnes of sugar to be refined and sold by mid-October. New crop sugar would enter the mark...

According to the Association of Sugar Producers «Belsahar», on August, 30 Gorodeysk Sugar Refinery began sugar beet processing. The production capacities of the mill provide processing of about 10 ths. t of sugar beet per day. In the coming days it is planned to launch Skydelsk Sugar Refinery, Slutsk Sugar Re...

As of September 1, 4б3 mln t of sugar beet are harvested and 530 ths. t of sugar are produced, reports Soyuzrossahar. Over the past week, two more plants began sugar beet processing in Kursk and Voronezh regions. For the current date 46 of 75 sugar refineries operate.

Brazilian mills reduced the amount of cane they use to produce sugar in the first half of August, increasing the use of the raw material for ethanol production as demand and prices for the biofuel improved, cane industry group Unica said. Reuters reports about it. Mills in Brazil’s center-south region, the country’s main cane belt, earmarked 50,04 percent of cane in the first half of August to sugar production, the small...